Apollo Tyres Stock Performance Shows Positive Trend, Receives 'Hold' Call from MarketsMOJO
Apollo Tyres, a leading player in the tyre industry, saw a 3.04% increase in its stock on September 25, 2024, closing at Rs 551.9. MarketsMojo has given a 'Hold' call for the stock, which is currently 4.32% away from its 52-week high. It has outperformed the sector by 2.85% and has been on a consecutive gain for the last 3 days. The stock is currently trading above its moving averages and has outperformed the Sensex in the last month.
Apollo Tyres ., a leading player in the tyre and allied industry, has seen a positive trend in its stock performance on September 25, 2024. The stock gained 3.04% on this day, closing at Rs 551.9. MarketsMOJO, a renowned stock analysis platform, has given a 'Hold' call for Apollo Tyres, indicating a neutral stance on the stock.
In terms of price, Apollo Tyres is currently 4.32% away from its 52-week high of Rs 567.9. However, the stock has outperformed the sector by 2.85% on the day, showing a strong performance. It has also been on a consecutive gain for the last 3 days, with a 5.66% increase in returns during this period. The stock touched an intraday high of Rs 544.8, showing a 3.01% increase.
Apollo Tyres is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock performance. In comparison to the Sensex, Apollo Tyres has outperformed with a 1-day performance of 3.10% versus the Sensex's -0.01%. In the last month, Apollo Tyres has also shown a strong performance with a 7.52% increase, compared to the Sensex's 4.71% increase.
Overall, Apollo Tyres has shown a positive trend in its stock performance, with a 'Hold' call from MarketsMOJO. Investors can keep an eye on this stock for potential opportunities in the future.
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